De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.

Fashion brands are racing to deploy AI in marketing, design and employee workflows. But inside companies, a lack of clarity is breeding layoff anxiety — and quiet AI use that feels risky, if not like cheating.

Fashion brands are racing to deploy AI in marketing, design and employee workflows. But inside companies, a lack of clarity is breeding layoff anxiety — and quiet AI use that feels risky, if not like cheating.

Startups are starting to use AI for everything from retail planning to inventory management, while mostly keeping the technology away from the creative parts of their business.

Startups are starting to use AI for everything from retail planning to inventory management, while mostly keeping the technology away from the creative parts of their business.

Rousteing is stepping down after 14 years as creative director, the French fashion house announced.

Rousteing is stepping down after 14 years as creative director, the French fashion house announced.

CEO Catherine Rénier discusses the decision to add new models to the iconic collection that’s fundamental to the jewellery house’s bottom line.

CEO Catherine Rénier discusses the decision to add new models to the iconic collection that’s fundamental to the jewellery house’s bottom line.

Join us for our annual gathering for big thinkers from November 18-21.

Join us for our annual gathering for big thinkers from November 18-21.

The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.

The buying blitz, amid a sharp decline in LVMH’s share price, brings Bernard Arnault and his family closer to owning half of the world’s largest luxury group.

Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.

Recipients of Glossier’s 2025 grants for Black founders spoke to The Business of Fashion about how they’ve sustained growth and built resilience after the hype died down.

The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.

The womenswear business, which has crossed $100 million in annual sales, has tapped the power of pop culture thanks to its appearances on Netflix’s “Nobody Wants This,” created and written by Erin Foster, one of the brand’s founders.

Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.

Kering teased a 'drastic' reduction in its store footprint even as a deal with L’Oréal lightens its debt. Plus, early echoes from Paris Art Week, including a knockout Miu Miu initiative.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

This week’s round-up of global markets fashion business news also features India’s Reliance Retail and fashion week events in Shanghai, Riyadh and Mexico City.

The designer, who led the brand for 37 years, will present her last collection in January, a spokesperson for Hermès has confirmed.

The designer, who led the brand for 37 years, will present her last collection in January, a spokesperson for Hermès has confirmed.

Riz Ahmed, Luca Guadagnino, DJ Black Coffee and June Sarpong are amongst the latest confirmed speakers for BoF’s annual gathering for big thinkers, now in its tenth year.

Riz Ahmed, Luca Guadagnino, DJ Black Coffee and June Sarpong are amongst the latest confirmed speakers for BoF’s annual gathering for big thinkers, now in its tenth year.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.